Valuation Allowance - Method of lowering or raising
an object's CURRENT VALUE by adjusting its acquisition
cost to reflect its market value by use of a CONTRA
Variable Rate Loan - Loan whose interest rate
changes over its life in relation to the level of an
Variance - Deviation or difference between an
estimated value and the actual value.
Venture Capital - Investment company whose
primary objective is capital growth. New ASSETS invested
largely in companies that are developing new ideas,
products, or processes.
Vesting - Point at which certain benefits
available to an employee are no longer contingent on the
employee continuing to work for the employer.